FieldPoint Petroleum (FieldPoint Petroleum) Days Payable : 392.54 (As of Mar. 2019)

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What is FieldPoint Petroleum Days Payable?

FieldPoint Petroleum's average Accounts Payable for the three months ended in Mar. 2019 was $1.66 Mil. FieldPoint Petroleum's Cost of Goods Sold for the three months ended in Mar. 2019 was $0.39 Mil. Hence, FieldPoint Petroleum's Days Payable for the three months ended in Mar. 2019 was 392.54.

The historical rank and industry rank for FieldPoint Petroleum's Days Payable or its related term are showing as below:

FPPP's Days Payable is not ranked ^*
in the Oil & Gas industry.
Industry Median: 61.48
* Ranked among companies with meaningful Days Payable only.

FieldPoint Petroleum's Days Payable increased from Mar. 2018 (362.66) to Mar. 2019 (392.54). It may suggest that FieldPoint Petroleum delayed paying its suppliers.

FieldPoint Petroleum Days Payable Historical Data

The historical data trend for FieldPoint Petroleum's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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FieldPoint Petroleum Days Payable Chart

FieldPoint Petroleum Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Days Payable

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85.83

133.57

149.11

185.41

318.26

FieldPoint Petroleum Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Days Payable	Get a 7-Day Free Trial															362.66	270.75	768.34	83.27	392.54

Competitive Comparison of FieldPoint Petroleum's Days Payable

For the Oil & Gas E&P subindustry, FieldPoint Petroleum's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

FieldPoint Petroleum's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, FieldPoint Petroleum's Days Payable distribution charts can be found below:

* The bar in red indicates where FieldPoint Petroleum's Days Payable falls into.

FieldPoint Petroleum Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

FieldPoint Petroleum's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

	Days Payable (A: Dec. 2018 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2017 )	+	Accounts Payable (A: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2018 )	*	Days in Period
=	( (1.325	+	1.61)	/	2 )	/	1.683	*	365
=	1.4675					/	1.683	*	365
=	318.26

FieldPoint Petroleum's Days Payable for the quarter that ended in Mar. 2019 is calculated as:

	Days Payable (Q: Mar. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2018 )	+	Accounts Payable (Q: Mar. 2019 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2019 )	*	Days in Period
=	( (1.61	+	1.711)	/	2 )	/	0.386	*	365 / 4
=	1.6605					/	0.386	*	365 / 4
=	392.54

FieldPoint Petroleum Days Payable Related Terms

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FieldPoint Petroleum (FieldPoint Petroleum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » FieldPoint Petroleum Corp (OTCPK:FPPP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

609 Castle Ridge Road, Suite 335, Austin, TX, USA, 78746

Website

http://www.fppcorp.com

FieldPoint Petroleum Corp is a US based company operates in oil and natural gas business. The business activity of the group includes acquisition, development, and operation of oil and natural gas properties. It holds an interest in properties such as Spraberry Trend, and Serbin Field, Texas; Flying M Field, Sulimar Field, North Bilbrey Field, Lusk Field, and Loving North Morrow Field, New Mexico and others. Geographically activities are conducted generally through the region of United States.

Executives

Daniel R Robinson

director

190 COYOTE COURT, ARGYLE TX 76226